At first I thought your numbers were wrong but then I picked up that the AIS annual report has their share count wrong in a key section, they report 1.4billion shares on issue instead of 140 million.
In the event of a significant strike at Torrens, you would think the preference shares would get converted. The redemption value of the redeemable preference shares is $US40m, I don't think AIS will have that kind of free cash within the next year unless they do a capital raising or copper goes through the roof. In the event of a capital raising, which you would expect if the share price was much higher, the CRPS holder may decide to convert to pre-empt the redemption.
- Forums
- Charts
- ARE Charts Thread
At first I thought your numbers were wrong but then I picked up...
-
-
- There are more pages in this discussion • 123 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ORP (ASX) to my watchlist
|
|||||
Last
4.5¢ |
Change
-0.004(8.16%) |
Mkt cap ! $8.542M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 4.5¢ | $21.32K | 470.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 72749 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 72749 | 0.044 |
3 | 137450 | 0.040 |
2 | 48755 | 0.020 |
1 | 250001 | 0.013 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 20000 | 1 |
0.051 | 1000 | 1 |
0.055 | 49993 | 1 |
0.056 | 12046 | 1 |
0.064 | 9770 | 1 |
Last trade - 11.10am 23/08/2024 (20 minute delay) ? |
ORP (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online